SOL/BTC – 30M – BUYThe currency pair jumps from the descending trendline down.
A continuation of the bearish trend down to the next support line at 0.002344600 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002412100 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.0024175408 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.002412100 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002437400 |
| 2nd High | 0.002431800 |
| Next High | 0.002412100 |
| Current Price | 0.002395700 |
| Next Low | 0.002344600 |
| 2nd Low | 0.002307000 |
| 3rd Low | 0.002250700 |